Massachusetts Statutes
§ 63 — False statement or report; liability of officers
Massachusetts § 63
JurisdictionMassachusetts
Part IADMINISTRATION OF THE GOVERNMENT
Title XXIICORPORATIONS
Ch. 156BCERTAIN BUSINESS CORPORATIONS
This text of Massachusetts § 63 (False statement or report; liability of officers) is published on Counsel Stack Legal Research, covering Massachusetts primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Mass. Gen. Laws ch. 156B, § 63 (2026).
Text
Section 63. The directors and officers of a corporation who sign any statement or report required by this chapter which is false in any material representation shall be jointly and severally liable to any creditor of the corporation who has relied upon such false representation to the extent of the actual damage sustained by him by reason of such reliance; provided, that such directors and officers shall not be liable to any creditor on account of such false representation for debts contracted or contracts entered into after the filing of a statement or report in which such false representation is corrected.
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Bluebook (online)
Massachusetts § 63, Counsel Stack Legal Research, https://law.counselstack.com/statute/ma/156B/63.